Last weekend’s Cape Argus Cycle Tour has been estimated to have contributed R450 million to the Western Cape’s economy.
This includes revenue generated from a range of services including meals, accommodation, shopping, tourist attractions, vendors, the sale of bicycle spares and equipment and others.
Minister Alan Winde said: “The province’s hosting of the Cape Argus Cycle Tour – the world’s largest individually timed race - serves to increase our province’s exposure to the world’s market. This year’s race drew 5 000 more visitors to Cape Town than last year. Increased tourist numbers spell more income, jobs and economic growth for our province.”
Minister Winde added: “The Western Cape Government is a proud supporter of the race - hearty congratulations the event’s organisers, participants and the citizens of the Western Cape for working Better Together to deliver an excellent event.”
Enquiries:
Phumzile Van Damme
Spokesperson for Minister Alan Winde
Cell: 084 483 2660
Statement by Western Cape Minister for Finance, Economic Development and Tourism Alan Winde: Cape Argus Tour 2012 contributed R450 million to Western Cape’s Economy
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